Hubbell Declares 8% Dividend Increase to $0.41

The Board of Directors of Hubbell Incorporated (NYSE: HUBA) declared an increase in the common stock dividend rate. The new annual payment rate of $1.64 per share, or $0.41 per quarter compares to the former rate of $1.52 or $0.38 per quarter. The increased quarterly dividend will be paid on April 11, 2012, to shareholders of record on March 5, 2012.